Gem Spinners

Why is Gem Spinners India Ltd falling/rising?

As of 01-Sep, Gem Spinners India Ltd's stock price is at 4.75, with a 7.05% decline over the past month and underperformance compared to its sector. The stock's negative book value and erratic trading behavior suggest a bearish trend, making it a strong sell.

As of 01-Sep, Gem Spinners India Ltd's stock price is currently at 4.75, showing no change from the previous trading session. The stock has underperformed its sector by 4.61% today and has not traded on 3 out of the last 20 days, indicating erratic trading behavior. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically suggests a bearish trend.<BR><BR>Over the past month, the stock has declined by 7.05%, while the benchmark Sensex has only fallen by 1.47%. This indicates that Gem Spinners is not only struggling relative to the market but also has a negative long-term outlook, as evidenced by its negative book value of Rs 2.48 crore and poor growth in net sales and operating profit over the last five years. Furthermore, the company has not traded for the last 10 days, adding to the perception of risk associated with this stock.<BR><BR>Overall, the combination of poor performance metrics, negative book value, and erratic trading patterns contribute to the stock's decline, making it a strong sell at this time.

Who are in the management team of Gem Spinners?

The management team of Gem Spinners consists of R Veeramani (Managing Director), P P Doddanavar (Independent Non-Executive Director), S Gopal (Non-Executive Director), and Poorana Juliet (Independent Non-Executive Director).

The management team of Gem Spinners includes the following individuals:<BR><BR>1. R Veeramani - Managing Director<BR>2. P P Doddanavar - Independent Non-Executive Director<BR>3. S Gopal - Non-Executive Director<BR>4. Poorana Juliet - Independent Non-Executive Director<BR><BR>If you need more details about their roles or the company, feel free to ask!

What does Gem Spinners do?

Gem Spinners India Ltd is a micro-cap company in the garments industry, focusing on cotton yarn and knitted fabric production. As of June 2026, it reported a net profit of 0 Cr and has a market cap of INR 29 Cr.

Overview:<BR>Gem Spinners India Ltd is a micro-cap company operating in the garments and apparels industry, specializing in the production of cotton yarn and knitted fabric.<BR><BR>History:<BR>Gem Spinners India Ltd was incorporated in October 1990 as Gem Spinning and Weaving Mills. The latest quarterly results reported are for June 2026, showing a net profit of 0 Cr.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>Market-cap value: INR 29 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 4.00<BR>Industry P/E: 52<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.00<BR>Return on Equity: -292.10%<BR>Price-to-Book: -11.75<BR><BR>Contact Details:<BR>Address: 14 Mangalam Village, Maduranthagam Taluk Kanchipuram Tamil Nadu : 603107<BR>Tel: 91-044-28278490/28277985/28266107<BR>Email: accounts@gemspin.com<BR>Website: http://www.gemspin.com

Who are the peers of the Gem Spinners?

Gem Spinners' peers include Maris Spinners, Swasti Vinayaka, Classic Filament, Subhash Silk, STL Global, Katare Spinning, Gujarat Cotex, Tusaldah, and Sparkle GoldRock. Management risks vary, with several peers showing below-average growth and capital structure, while Classic Filament leads in 1-year returns at 114.22%.

Peers: The peers of Gem Spinners are Maris Spinners, Swasti Vinayaka, Classic Filament, Subhash Silk, STL Global, Katare Spinning, Gujarat Cotex, Tusaldah, and Sparkle GoldRock.<BR><BR>Quality Snapshot: Below Average management risk is observed at Maris Spinners, STL Global, Katare Spinning, Gujarat Cotex, and Tusaldah, while Average management risk is found at Swasti Vinayaka and Sparkle GoldRock. Classic Filament, Subhash Silk, and Gem Spinners do not qualify for management risk assessment. Growth is below average for Maris Spinners, Swasti Vinayaka, STL Global, Katare Spinning, Gujarat Cotex, Tusaldah, and the rest, while Sparkle GoldRock shows excellent growth. Classic Filament, Subhash Silk, and Gem Spinners do not qualify for growth assessment. Capital structure is good for Swasti Vinayaka, average for Sparkle GoldRock, and below average for Maris Spinners, STL Global, Katare Spinning, Gujarat Cotex, Tusaldah, and the rest, with Classic Filament, Subhash Silk, and Gem Spinners not qualifying.<BR><BR>Return Snapshot: Classic Filament has the highest 1-year return at 114.22%, while Swasti Vinayaka has the lowest at -37.74%. Gem Spinners' 1-year return is not available for comparison. Additionally, peers such as STL Global, Gujarat Cotex, Tusaldah, and Sparkle GoldRock have negative six-month returns.

How big is Gem Spinners?

As of 31st August, Gem Spinners India Ltd has a market capitalization of 29.00 Cr, with recent net sales of 0.00 Cr and a net profit loss of 0.39 Cr. As of March 2025, shareholder's funds reflect a loss of 2.25 Cr against total assets of 5.69 Cr.

As of 31st August, Gem Spinners India Ltd has a market capitalization of 29.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 0.00 Cr and a Net Profit loss of 0.39 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds amounted to a loss of 2.25 Cr and Total Assets were valued at 5.69 Cr.

Which are the latest news on Gem Spinners?

Should I buy, sell or hold Gem Spinners India Ltd?

When is the next results date for Gem Spinners India Ltd?

The next results date for Gem Spinners India Ltd is 14 August 2026.

The next results date for Gem Spinners India Ltd is scheduled for 14 August 2026.

Are Gem Spinners India Ltd latest results good or bad?

Gem Spinners India Ltd's latest results are concerning, showing a net loss of ₹0.09 crores and zero revenue for the past seven quarters, indicating a dormant status. Despite a 53.12% stock price increase over the past year, the company's negative equity and ongoing losses suggest a precarious financial position.

The latest results for Gem Spinners India Ltd indicate a challenging financial situation. In Q4 FY26, the company reported a net loss of ₹0.09 crores, unchanged from the previous quarter, and net sales of ₹0.00 crores, reflecting a complete cessation of operations for at least seven consecutive quarters. This lack of revenue generation is concerning, as it highlights the company's dormant status.<BR><BR>Additionally, the company's financial health is further illustrated by a negative book value of ₹-0.37 per share and negative shareholder equity of ₹2.25 crores. The ongoing losses and absence of operational activity raise significant questions about the company's sustainability and future prospects.<BR><BR>Despite these troubling financial metrics, the stock has experienced notable price momentum, increasing by 53.12% over the past year. However, this price appreciation appears disconnected from the underlying operational reality and may be driven by speculative trading rather than genuine business performance.<BR><BR>Overall, the results can be characterized as bad, given the persistent losses, zero revenue, and negative equity, which suggest a highly precarious financial position for Gem Spinners India Ltd.

How has been the historical performance of Gem Spinners?

Gem Spinners has consistently reported zero net sales and operating income, with increasing operating losses and negative reserves, culminating in a cash balance of zero by March 2025. The company's financial position is challenging, reflected in a declining book value per share of -0.37.

Answer:<BR>The historical performance of Gem Spinners shows a consistent trend of zero net sales and other operating income over the past several years, indicating no revenue generation from its operations. The total operating income has remained at zero, with raw material costs, purchase of finished goods, and other operational expenses also reflecting no activity. Employee costs have slightly varied, with a minor increase from 0.10 crore in March 2021 to 0.15 crore in March 2024, but overall expenditures have remained low, peaking at 0.53 crore in March 2023. Operating profit has been negative, with losses increasing from -2.29 crore in March 2019 to -0.50 crore in March 2025. Profit before tax and profit after tax have similarly shown negative figures throughout the years, with the most recent figures being -0.66 crore for both in March 2025. The company's equity capital has remained constant at 30.69 crore, but reserves have turned negative, reaching -32.93 crore in March 2025. The book value per share has also declined to -0.37 in the same period. Cash flow from operating activities has been negative at -2.00 crore in March 2025, with no cash inflow from investing or financing activities, leading to a closing cash balance of zero.<BR><BR>Breakdown:<BR>Gem Spinners has not generated any revenue over the years, with net sales and other operating income consistently reported as zero. The total operating income has also remained unchanged, while employee costs have seen slight fluctuations but overall expenditures have been minimal. The company has faced increasing operating losses, culminating in a loss of -0.50 crore in March 2025. Profit before tax and profit after tax have consistently been negative, reflecting ongoing financial struggles. Despite maintaining a stable equity capital of 30.69 crore, the reserves have deteriorated significantly, resulting in a negative reserve of -32.93 crore. The book value per share has declined to -0.37, indicating a challenging financial position. Cash flow from operating activities has been negative, with no cash inflows from other activities, leading to a closing cash balance of zero, highlighting the company's liquidity issues.

Is Gem Spinners overvalued or undervalued?

As of April 25, 2023, Gem Spinners India Ltd. is considered a risky investment due to its overvaluation, reflected in a PE ratio of 3.18 and significant underperformance compared to peers and the Sensex, with a year-to-date return of -56.4%.

As of 25 April 2023, the valuation grade for Gem Spinners India Ltd. has moved from does not qualify to risky, indicating a significant shift in its perceived investment quality. The company is currently considered overvalued, with a PE ratio of 3.18, a negative Price to Book Value of -10.27, and an EV to EBIT of -22.98, all of which suggest serious financial distress and inefficiencies.<BR><BR>In comparison to its peers, Gem Spinners is underperforming, with a valuation grade of risky and a PE ratio that is significantly lower than industry standards. For instance, its peer has a PE ratio of -2.30 and an EV to EBITDA of -11.81, which further highlights the challenges faced by Gem Spinners. The company's stock has also underperformed relative to the Sensex, with a year-to-date return of -56.4% compared to the Sensex's 5.56%, reinforcing the notion that it is overvalued in its current state.

What is the technical trend for Gem Spinners?

As of June 3, 2025, Gem Spinners is in a mildly bearish trend, supported by bearish indicators like MACD and moving averages, though the KST shows some bullish signals.

As of 3 June 2025, the technical trend for Gem Spinners has changed from bearish to mildly bearish. The weekly MACD and Bollinger Bands indicate a bearish stance, while the monthly indicators also reflect bearish conditions. The daily moving averages confirm a bearish trend. However, the KST shows a mildly bullish signal on the weekly and bullish on the monthly, providing some counterbalance. Dow Theory aligns with a mildly bearish outlook on both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, with key indicators such as MACD and moving averages driving this assessment.

Who are the top shareholders of the Gem Spinners?

The top shareholders of Gem Spinners include Mr. R. Veeramani with 24.38%, ICICI Bank Limited at 8.02%, and individual investors holding 18.73%. There are currently no mutual funds or foreign institutional investors in the company.

The top shareholders of Gem Spinners include the promoters, with Mr. R. Veeramani holding the highest stake at 24.38%. Additionally, ICICI Bank Limited is the highest public shareholder, owning 8.02%. Individual investors collectively hold 18.73% of the shares. Notably, there are no mutual funds or foreign institutional investors currently holding shares in the company.

Has Gem Spinners declared dividend?

No Dividend History Available